Back

Sanskar

Keen Learner and Exp... • 7m

The teen with 50 Lakh+ in Bank This is the story of the founder of one of the biggest hotel chains of India - Ritesh Agarwal Ritesh was born in a Marwari family in Bissam Cuttack, Orissa with three siblings. And was brought up in Titilagarh. His father Ramesh Agarwal operated a small shop. From a very early age Ritesh wanted to be an entrepreneur. After he went to Kota for studies he realised that studing for 16 - 18 hours straight was not his cup of tea. Thus he secretly started exploring northern India and but he did not had much money so he started doing part time and while in train he would write 100s of emails to hotels saying "Please let me accomodate for free I am going to do something big in hotel chains". During his stay in various hotels Ritesh soon discovered the problem for which the hotel's customers faced - "Experience". That's when he dropped college and he became the first Indian to win the Thiel Fellowship, which awarded him $100,000 (50L+) to found Oyo rooms.

Reply
2
11

More like this

Recommendations from Medial

The Hustler

Become the 1% • 2m

"Oyo Hits the Jackpot: Ritesh Agarwal Turns Budget Stays into Billionaire Plays!" Oyo just pulled off a desi startup miracle—Rs 623 crore in profit for FY25! Ritesh Agarwal didn’t just check into success; he built the hotel. A 172% PAT jump? That’s

See More
Reply
7

Shyam Kumar

Startup as a dream • 2m

How did an 18-year-old do what billionaires couldn’t even do in 100 years? He had no IIT tag. No godfather in business. Just relentless curiosity and courage to solve a real-world problem. This is the story of OYO founder Ritesh Agarwal. Born in

See More
Reply
3
Image Description
Image Description

Vrishank

Startups/VC/tech • 11m

Oyo's Secret co-founder? We all know Ritesh Agarwal as the founder and the face of Oyo, but how many of you know that Oyo, in its initial days used to have a co-founder. When Ritesh was 18, and he was looking to raise funds for his startup, Ventu

See More
23 Replies
17
47
Image Description
Image Description

Elite Nexus

INFO INFO EVERYWHERE • 4m

From a Dropout to a Billion-Dollar Empire – The OYO Story At 17, Ritesh Agarwal dropped out of college with a dream to revolutionize the hospitality industry. Facing rejections, financial struggles, and skepticism, he kept pushing forward. What sta

See More
7 Replies
2
8

MK

Hey I am on Medial • 6m

OYO has raised INR 550 Cr (about $65 Mn) from its founder Ritesh Agarwal’s Redsprig Innovation Partners. Redsprig Innovation is a venture capital firm headed by Agarwal. In November last year, Inc42 reported that Agarwal was looking to increase his

See More
Reply
1
2

gray man

I'm just a normal gu... • 2m

The Ritesh Agarwal-led startup announced that it will launch new services centered around its Townhouse-branded hotels. As part of the initiative, the company plans to establish in-house kitchens and quick-service restaurant outlets called Townhouse

See More
Reply
18
Image Description
Image Description

036 -ECE-Joseph Rezenold

Hey I am on Medial • 3m

why Ritesh Agarwal is not in medial

3 Replies
3

Download the medial app to read full posts, comements and news.